Dáil Éireann Debate, Tuesday - 9 June 2015
372. Deputy Peadar Tóibín asked the Minister for Public Expenditure and Reform if he will provide, in tabular form, the annual cost to the Exchequer if the first €17,500, €20,000, €25,000, €27,500, €30,000, €32,500, €35,000 of public sector gross pay was exempted from the pension related deduction on gross salaries of €0 to €25,000, €25,001 to €35,000, €35,001 to €45,000, €45,001 to €55,000, €55,001 to €65,000. [21464/15]
Amharc ar fhreagra373. Deputy Peadar Tóibín asked the Minister for Public Expenditure and Reform if he will provide, in tabular form, the annual cost to the Exchequer if the first €17,500, €20,000, €25,000, €27,500, €30,000, €32,500, €35,000 of whole time equivalent public sector gross pay were exempted from the pension related deduction on gross salaries of €0 to €25,000, €25,001 to €35,000, €35,001 to €45,000, €45,001 to €55,000, €55,001 to €65,000. [21465/15]
Amharc ar fhreagraI propose to take Questions Nos. 372 and 373 together.
Based on estimates of current PRD yield the data sought by the Deputy is set out in the following table. The yield figures comprehend both full-time and part-time staff. The PRD yield, and consequently the cost of implementing any such changes, may vary from time to time, depending on the actual staffing numbers and configuration.
|
Salary Range |
Increase PRD Threshold to €17,500 |
Increase PRD Threshold to €20,000 |
Increase PRD Threshold to €25,000 |
Increase PRD Threshold to €27,500 |
Increase PRD Threshold to €30,000 |
Increase PRD Threshold to €32,500 |
Increase PRD Threshold to €35,000 |
|
€ |
€m |
€m |
€m |
€m |
€m |
€m |
€m |
|
0 - 25,000 |
1.0 |
1.7 |
4.3 |
4.3 |
4.3 |
4.3 |
4.3 |
|
25,001 to 35,000 |
3.5 |
6.9 |
34.5 |
47.9 |
60.3 |
70.1 |
74.3 |
|
35,001 to 45,000 |
6.3 |
12.8 |
63.7 |
89.3 |
114.8 |
140.2 |
165.8 |
|
45,001 to 55,000 |
3.6 |
7.2 |
36.1 |
50.6 |
65.1 |
79.5 |
94.0 |
|
55,001 to €65,000 |
2.7 |
5.4 |
27.2 |
38.0 |
48.9 |
59.8 |
70.6 |
|
TOTAL |
17.1 |
34.0 |
165.8 |
230.1 |
293.4 |
353.9 |
409.0 |
